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20121226
20121226
STATION
FBC 2
KQED (PBS) 2
CNBC 1
KRCB (PBS) 1
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
CNBC
Dec 26, 2012 3:00pm EST
but mandy has been celebrating boxing day all day. we didn't get any presents from lawmakers in washington yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, fo
FOX Business
Dec 25, 2012 7:00pm EST
at that busy rationality and effectiveness reemerge from washington, d.c., on the fiscal cliff? >> zero. lou: i thought that. >> if we can keep the current tax rates, we would continue to increase government revenue. increasing 26% under the bush tax rates over the last two years. over the last two years, government revenues have risen 26%, almost a quarter using the buss tax rates. low tax rates bring more revenues, not less revenues. lou: do you interpret all of the drama to be a lack of faith? in front of the growth model that has been demonstrated, as you point out, over the past two years. they are really saying the economy cannot grow fast enough to support the government. we will not see revenue increase unless we raise taxes. >> that is correct. the pre-verse thing is you don't get growth if you raise tax rates. in california and several other states that topate is approaching 50% effectively with a 50% top rate, a business have as much incentive to fire somebody to lower-cost as to hire somebody to increase revenues. lou: it is a high risk experiment, but nonetheless experiment bringin
PBS
Dec 25, 2012 11:00pm PST
completely. untrue. washington irving invested christmas in the sense in which we mean it. dickens wanted to make christmas into a symbol of something. obviously what he was saying if we can be kind to each other on this one day of the year why can't we extend it across the whole of the year? as he says and look on those below us as fellow passengers to the grave. but actually christmas caroly mernled not out of any consideration of christmas but out of the parliamentary report on the employment of children in the mines. dickens read it with such disgust and horror he determined, as he said to strike a hedge hammer blow against such activities. the book is the direct result of that. the poor of the book comes when the spirit of christmas present is about to take his leave of scrooge. scrooge did i southeasterns two feral children emerging from the roabz of the spirit. he says spirit are these children yours? and the spirit says they are mankind's. the girl is want. the boy is ignorance. he says those two will destroy civilization. that is the absolute core of that book. dickens' passionat
Search Results 0 to 5 of about 6 (some duplicates have been removed)